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EU Parliament Proposes Budget Increase
October 02, 2015
Stephen Booth of Open Europe reports that the European Parliament has voted to increase spending in order to deal with issues including the current migration crisis and argues that the proposed budget complicates the UK's pre-referendum renegotiation of powers with the EU.
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EU Advances Proposal for Capital Markets Union
September 30, 2015
The European Commission has released an action plan to establish a Capital Markets Union across the EU to encourage cross-border investment and move toward "the completion of the European Economic and Monetary Union."
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EU Clamps Down on National Asylum Rules
September 30, 2015
Following agreement among EU countries to the mandatory resettlement of 120,000 migrants, the European Commission has announced that it has launched 40 infringement decisions against EU member states accusing them of failing to communicate the transposition of various EU directives on asylum seekers into their national laws.
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EIB Adopts Lending Strategy on Climate Change
September 30, 2015
The EU's European Investment Bank ("EIB") has agreed to a lending strategy that seeks to ensure that 25% of EIB spending supports "climate related investment," including countering global warming and mitigating its effects.
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EU Official Discounts Political Debate on Migration
September 29, 2015
Dimitris Avramopoulos, the European Commissioner on migration issues, has highlighted the lack of political accountability of the EU institutions by stating in a recent interview that the Commission "does not care about the political cost" of requiring EU member states to take in large waves of migrants from abroad.
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